nnpcl

The Digest: The Nigerian National Petroleum Company Limited has reduced its petrol price at retail outlets, dropping from N1,361 to N1,295 per litre, a cut of N71. The reduction comes three days after Dangote Refinery slashed its ex-gantry price by N85 to N1,200 per litre. However, other major...

The Digest: The Socio-Economic Rights and Accountability Project has urged Senate President Godswill Akpabio to direct the Senate's Public Accounts Committee to publish the names and designations of all officials implicated in the alleged N200 trillion missing or unaccounted for from the...

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) has reduced petrol prices by N95 per litre following Dangote Refinery's gantry price cut. NNPCL filling stations in Abuja and environs now sell petrol at N1,165 per litre, down from N1,260. Diesel is sold at N1,535 per litre...

The Digest: Petrol prices have breached the psychological ₦1,000 per litre barrier across most Nigerian states, driven by the escalating Middle East conflict that has pushed Brent crude above $115 per barrel. The Dangote Refinery suspended PMS loading over the weekend of March 7-8 due to...

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) and other filling stations have increased petrol pump prices, with NNPCL outlets in Abuja now selling at N960 per litre, up N85 from Monday's N875. A DAILY POST correspondent confirmed the new prices at NNPCL stations on Kubwa...

The Digest: The Nigerian National Petroleum Company Limited and other major filling stations have raised petrol prices twice within 24 hours, with NNPCL outlets now selling at N875 per litre in Abuja, up from N839 on Wednesday. A survey by Daily Post confirmed the adjustments at stations in...

The Digest: Nigerian National Petroleum Company Limited (NNPCL) has implemented another reduction in the price of Premium Motor Spirit (PMS), now selling at N815 per litre at its retail outlets in Abuja, as competition continues to shape pricing in the downstream sector. Key Points: NNPCL...

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) has announced a third reduction in the price of petrol this month, lowering its pump price to N835 per litre in Abuja. According to Daily Post Nigeria, this represents an N80 decrease from the previous price of N915 per litre...

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) and several major retail outlets have implemented a further reduction in the pump price of Premium Motor Spirit (PMS). This marks the latest in a series of adjustments over recent weeks, bringing marginal relief to consumers...

The Digest: Consumers have received a second dose of relief in quick succession. The Nigerian National Petroleum Company Limited (NNPCL) has reduced the pump price of Premium Motor Spirit (PMS) by ₦10, marking its second price cut in less than a week. Key Points: The NNPCL on Thursday...

The Digest: The Nigerian National Petroleum Company Limited has reduced its pump price to ₦930 per litre, following price cuts by Dangote Refinery and major depot owners. This adjustment, echoing the subtle currents of market change, signals a potential new phase in the nation’s fuel pricing...

The Digest: A new audit report has indicted the Nigerian National Petroleum Company Limited (NNPCL) for questionable expenditures totalling N684 million. According to the 2022 Auditor-General’s report submitted to the National Assembly, the state-owned oil company engaged in irregular contract...

The Digest: The Nigerian Senate has rejected the Nigerian National Petroleum Company Limited's explanations regarding ₦210 trillion in unaccounted funds, ordering the immediate refund of the money to the Federation Account. According to legislative proceedings, the Senate Committee on Public...

The Digest: The Nigerian National Petroleum Company Limited (NNPCL) has begun a technical and commercial review of its Port Harcourt, Warri, and Kaduna refineries. According to a statement from Group CEO Bayo Ojulari, this assessment will determine if the facilities are upgraded or repurposed...

The Digest: The retail price of Premium Motor Spirit (PMS) from Dangote Refinery has surged to N950 per litre at major outlets in Abuja, including MRS, Ardova, and Optima stations. This N100 increase comes despite the refinery’s large-scale production capacity and recent government initiatives...

The Digest: In a familiar rhythm of economic strain, the cost of mobility shifts upward once more. The Nigerian National Petroleum Company Limited (NNPCL) has increased the pump price of Premium Motor Spirit (PMS) to N905 per litre at its retail outlets in Abuja, a N15 rise attributed to...

The Digest: NNPCL GCEO Bayo Ojulari says vested interests are plotting to remove him over sweeping refinery reforms. He claims his team faces threats for halting huge losses and pursuing a partnership model to revive Nigeria’s oil sector. Key Points: Ojulari says life and job are under...

The Digest: President Bola Tinubu has ordered a review of deductions and revenue retentions by major government agencies like NNPCL and FIRS. The directive is aimed at boosting public savings and unlocking funds for national growth, ensuring the Fount's Flow is optimized for the economy. Key...

The Digest : The Nigerian National Petroleum Company Limited (NNPCL) has raised the price of premium motor spirit (PMS) at its retail outlets, marking a significant change in fuel prices across the country. This increase follows a similar hike by independent marketers. Key Points: NNPCL...

The Digest: The Senate Committee on Public Accounts has given the Nigerian National Petroleum Company Limited (NNPCL) a 21-day deadline to address financial discrepancies totaling ₦210 trillion. This includes unverified liabilities and assets that have raised concerns among lawmakers. Key...